The best crypto writing from the last 24 hours.
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- 1
Mercado Bitcoin to resume cash withdrawals after $49M hack
Mercado Bitcoin restores fiat withdrawals after a $49M hack, while crypto transfers stay suspended.
- 2
Mercado Bitcoin Begins View-Only Reopening After Hack
Mercado Bitcoin is reopening view-only after a hack, replacing stolen assets with company funds; trading and payments return in later phases.
Also covered by Cointelegraph - 3
Mercado Bitcoin Halts Withdrawals Over Security Incident as Hypernative Flags $40 Million Drain
Brazilian exchange Mercado Bitcoin halted withdrawals after a security incident; Hypernative attributes over $40M in outflows to it, while the exchange says no clients lost money.
- 4
Mercado Bitcoin says phased reopening to begin Monday, will cover losses
Mercado Bitcoin will reopen in phases after a hack, starting with view-only access, and says it will cover losses from company funds.
- 5
Brazil's Biggest Bitcoin Exchange Says It Will Refund Users After a $40 Million Hack
Mercado Bitcoin says it will refund users after a $40M hack, with withdrawals frozen and no restart date.
- 6
Brazil’s Mercado Bitcoin Puts Security Incident at $38 Million, Says Clients Won’t Lose Assets
Mercado Bitcoin puts its security incident at $38M, with $11M blocked by partners and deposits and withdrawals suspended.
- 7
Brazil’s Mercado Bitcoin Freezes Deposits and Withdrawals Due to Ongoing Security Incident, Losses Estimated Near $40 Million
Mercado Bitcoin, Brazil's largest exchange, froze deposits and withdrawals during a security incident; the loss amount is not yet confirmed.
Also covered by CoinDesk - 8
Mercado Bitcoin wallets show post-hack transfers after $46M theft
Mercado Bitcoin paused deposits and withdrawals after a breach of over $46M, and wallets now show post-hack transfers.
- 9
Mercado Bitcoin Keeps Withdrawals Suspended, Identifies Incident Wallets
Mercado Bitcoin keeps withdrawals suspended and links the incident to destination wallets receiving funds; customers report no losses.
- 10
Brazilian companies turned to stablecoins on election day to dodge a currency crash
Brazilian firms shifted to stablecoins on election day to hedge a currency slide, with USDT volume up about 800% on Mercado Bitcoin.